Vietnam is expected to have by 2032 an 8-9 per cent share of global capacity in chip assembling, testing and packaging (ATP), from just 1 per cent in 2022.
The Binh Son Refining and Petrochemical Joint Stock Company (BSR), which is responsible for receiving, managing, and operating the Dung Quat Oil Refinery Plan, has said that the refinery’s capacity has increased to 109 per cent to meet shortages in the petroleum market.
Construction of the GreenFeed food processing factory in southern Tay Ninh province, belonging to the GreenFeed Vietnam Joint Stock Company, is expected to start next year and be completed in 2024. It sits on 60,000 sq m and has a capacity of 24,000-26,000 tons of processed food a year, with total investment of more than VND700 billion ($29.53 million). The factory will be fitted out with modern equipment and machinery as well as automated and environmentally-friendly production lines.
The T&Y SuperPortTM Company - a joint venture between the T&T Group and Singapore’s YCH Group - signed a memorandum of cooperation with Vietnam Airlines and Vietnam Railways (VNR) in Hanoi on August 12 to promote and develop Vietnam’s logistics sector and improve freight transport capacity between Vietnam and elsewhere.
North-central Thanh Hoa province has proposed expansions and upgrades to infrastructure at Tho Xuan Airport costing a total of more than VND3.6 trillion ($154 million). The airport currently has only one runway and already exceeds its designed capacity of 1.2 million passengers a year, with passenger numbers expected to hit 1.6 million by the end of this year.
Passenger volumes at Hanoi’s Noi Bai International Airport’s domestic terminal (T1) have increased dramatically during the peak summer season. It is forecast that, in early July, passenger numbers will reach 110,000 people a day, up 40 per cent compared to the peak prior to the pandemic and even exceeding capacity at the terminal.
In order for Pleiku Airport in the central highlands’ Gia Lai province to become a modern facility and act as a driving force for local development, the Civil Aviation Authority of Vietnam (CAAV) has proposed increasing its capacity to 5 million passengers a year and possibly over 10 million by 2050. Capacity currently stands at just 600,000.